Regulatory Alert, Trading Alert
MIAX Sapphire
September 05, 2025 | 03:14 PM
MIAX Sapphire Options Exchange - Reminder for Trading Floor Participants Error Accounts
Non self-clearing Floor Brokers must establish an account with an Exchange Clearing Member, solely for carrying positions resulting from bona fide errors. Floor Brokers must maintain such error account with an entity that is also a member of The Options Clearing Corporation. Each Floor Broker must make available, upon request, records of all trades in such error account.
Regulatory inquiries should be directed to Regulatory@miaxglobal.com or (609) 897-7309.
For more information please see MIAX Sapphire RC-2025-72.